TMX GROUP LTD (X.CA) Forecast, Price Target & Analyst Ratings

TSX:X • CA87262K1057

Current stock price

49.33 CAD
+0.33 (+0.67%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TMX GROUP LTD (X.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$62.48
+ 26.65% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.56
Revenue Estimate
473.66M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$62.48
Upside
+ 26.65%
From current price of CA$49.33 to mean target of CA$62.48, Based on 14 analyst forecasts
Low
CA$52.52
Median
CA$62.22
High
CA$73.50

Price Target Revisions

1 Month
-2.20%
3 Months
-2.00%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for X.CA. The average price target is 62.48 CAD. This implies a price increase of 26.65% is expected in the next year compared to the current price of 49.33.
The average price target has been revised downward by 2% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

X Current Analyst RatingX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

X Historical Analyst RatingsX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
X.CA was analyzed by 14 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about X.CA.
In the previous month the buy percentage consensus was at a similar level.
X.CA was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-15Deutsche Bank CapitalDowngrade Buy
2022-11-15STA ResearchMaintains Hold
2022-10-28TD ResearchDowngrade Buy
2022-10-27CIBC Capital MarketsMaintains Neutral
2022-10-27Scotiabank CapitalMaintains Sector Perform
2022-10-26National Bank of Canada FinancialUpgrade
2022-10-14BMO FinancialUpgrade
2022-10-12Deutsche Bank CapitalDowngrade Buy
2022-08-12Deutsche Bank CapitalUpgrade
2022-08-02Scotiabank CapitalUpgrade Sector Perform
2022-07-29RBC RoyalbankUpgrade Outperform
2022-07-29National Bank of Canada FinancialUpgrade Sector Perform
2022-07-29TD ResearchInitiate Buy
2022-07-29CIBC Capital MarketsMaintains Neutral
2022-07-22Scotiabank CapitalDowngrade Sector Perform
2022-07-22STA ResearchMaintains Hold
2022-07-22Haywood SecuritiesDowngrade Sector Perform
2022-07-21National Bank of Canada FinancialDowngrade Sector Perform
2022-07-19BMO FinancialDowngrade Market Perform
2022-07-13Deutsche Bank CapitalDowngrade Strong Buy
2022-05-19Deutsche Bank CapitalUpgrade Strong Buy
2022-05-05Scotiabank CapitalUpgrade Sector Perform
2022-05-04Deutsche Bank CapitalDowngrade
2022-05-04BMO FinancialUpgrade
2022-05-04TD ResearchUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.56
Revenue Estimate
473.66M
Revenue Q2Q
13.02%
EPS Q2Q
16.63%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
4.92%
EPS (1 Month)
0.26%
EPS (3 Months)
5.21%

Next Earnings Summary

X.CA is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 0.56 CAD and the consensus revenue estimate is 473.66M CAD.
The next earnings revenue estimate has been revised upward by 4.92% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
X.CA revenue by date.X.CA revenue by date.
2.898B
55.45%		2.973B
2.56%		2.922B
-1.69%		1.903B
-34.88%		2.028B
6.57%		2.249B
10.90%
EBITDA
YoY % growth
X.CA ebitda by date.X.CA ebitda by date.
657.6M
1.45%		807.9M
22.86%		951.7M
17.80%		1.056B
10.96%		1.146B
8.52%		1.306B
13.96%
EBIT
YoY % growth
X.CA ebit by date.X.CA ebit by date.
545.1M
2.00%		642.3M
17.83%		771M
20.04%		942.76M
22.28%		1.032B
9.47%		N/A
Operating Margin
X.CA operating margin by date.X.CA operating margin by date.
18.81%21.61%26.38%49.54%50.89%N/A
EPS
YoY % growth
X.CA eps by date.X.CA eps by date.
1.47
3.23%		1.70
15.65%		2.12
24.71%		2.35
10.78%		2.58
9.93%		2.96
14.57%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.56
16.63%		0.59
13.94%		0.58
10.63%		0.60
-0.52%		0.59
6.28%		0.63
6.16%		0.64
11.11%		0.67
11.65%
Revenue
Q2Q % growth		473.66M
13.02%		484.45M
14.88%		459.31M
9.73%		478.58M
4.54%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		252.83M
12.27%		278.56M
-0.69%		261.83M
-19.56%		277.34M
-28.22%		N/AN/AN/AN/A
EBIT
Q2Q % growth		220.32M
21.46%		201.96M
5.13%		220.32M
14.87%		227.46M
10.58%		N/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

X.CA Yearly Revenue VS EstimatesX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B 2.5B
X.CA Yearly EPS VS EstimatesX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
11.74%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.08%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
15.48%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TMX GROUP LTD / X.CA Forecast FAQ

Can you provide the average price target for TMX GROUP LTD stock?

14 analysts have analysed X.CA and the average price target is 62.48 CAD. This implies a price increase of 26.65% is expected in the next year compared to the current price of 49.33.

What is the next earnings date for X stock?

TMX GROUP LTD (X.CA) will report earnings on 2026-05-04.

What are the consensus estimates for TMX GROUP LTD (X.CA) next earnings?

The consensus EPS estimate for the next earnings of TMX GROUP LTD (X.CA) is 0.56 CAD and the consensus revenue estimate is 473.66M CAD.

Can you provide the analyst count for TMX GROUP LTD stock?

The number of analysts covering TMX GROUP LTD (X.CA) is 14.